Home / Economy / The court in the Netherlands overturned the decision on Yukos, Russia owes nothing to the former shareholders of

The court in the Netherlands overturned the decision on Yukos, Russia owes nothing to the former shareholders of

Суд в Нидерландах отменил решение по ЮКОСу, Россия ничего не должна бывшим акционерам

The Yukos affair does not end. As informs Agency Bloomberg, the district court of the Hague ruled that the arbitration in the Permanent court of arbitration, was not entitled to consider this case.

Thus, he reversed the decision made in 2014, on payment of $ 50 billion to former shareholders of YUKOS. In addition, he ordered the Veteran Petroleum, Yukos Universal, Hulley Enterprises, representing their interests, to pay Russia compensation costs in the amount of 54,5 thousand dollars.

The appeal hearing began in January 2015 and lasted 13 months. The final hearing on this case was held on 9 February, but the decision became known only now.

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